The rate of wind turbine installations slowed 7 per cent last year, though almost 36 GW of wind capacity was installed worldwide, according to figures released by the Global Wind Energy Council (GWEC).
UK power project developer Renewable Energy Generation Ltd. has seen its stock jump 28 per cent after it announced it had turned down a takeover offer valuing the company at 67.7 pence a share.
UK energy regulator Ofgem has announced a £95 million upgrade of Scotland’s high voltage grid.
Global investment in clean energy reached a record of $243 billion in 2010, a 30 per cent increase on 2009 levels, according to research house Bloomberg New Energy Finance (BNEF).
Turkey’s largest electricity generation plant, Hamitabat power station (HEAŞ), is to be privatised in the next few days according to Privatization Administration (ÖİB) Vice President Ahmet Aksu.
Siemens has received an order from Seoul-based utility GS Electric Power and Services Co. for the supply of its latest (H Class) high-efficiency gas turbine. This is the first time Siemens will supply a complete combined cycle power plant equipped with its new-generation gas turbine.
The UK installed solar power generation capacity at a record rate last year, data from the energy regulator Ofgem show.
Iraq has announced plans to use more foreign imports to boost is beleaguered power network, with Jordan emerging as a new partner.
Alstom has announced it has signed strategic agreements with major Russian energy companies to jointly provide power generation products and services for Russia's power industry.
The UK government has proposed sweeping power sector overhauls aimed at securing the billions of pounds of investment needed for low-carbon energy.